Arizona

Gov. Doug Ducey's $12.3 billion budget proposal would slightly increase the state's reserves.

A not-for-profit chosen by Bloomington would borrow about $300 million to finance the Mall of America indoor water park through an Arizona conduit.

The Navajo are among several tribal nations pursuing renewable energy projects in a changing generation landscape.

A bus line in Flagstaff received $17.3 million in grants to relocate its connection center and buy zero emission buses.

The action brings the state's issuer rating to Aa1, as well as upgrades to $1.5 billion in debt that is linked to the issuer rating.

Improved revenue growth prospects and strengthened financial resilience are the primary contributors to the outlook revision, the rating agency said.

Tuesday's results were led by the city of Scottsdale, which won voter authorization for $319 million of bonds.

The deal is made up of $741 million in general airport revenue bonds and $313 million backed by customer facilities charges on car rentals.

At least 48 school districts across the state are seeking bonds or budget limit override measures, including 26 in Maricopa County, home to Phoenix and its suburbs.

Arizona's Salt River Project will sell $436 million of new money power revenue bonds.

After years of legal challenges, a tax supporting bonds for the Arizona Sports and Tourism Authority has cleared its last hurdle.

One of the nation's top P3 partners sees more opportunity in states where it has existing relationships with transportation agencies.

After less than a year, the groundbreaking renewable-energy bond sale has run into problems, including several technical defaults.

Refundings rebounded in the first half of 2019, but total bond volume across the Southwest fell to a six-year low.

With an $11.8 billion budget that nearly doubles that of a decade ago, Arizona rebuilds its balance sheet while boosting pay for teachers and state employees.

A city called the "double black diamond" of car driving is at the epicenter for autonomous-vehicle testing.

Utilities serving 40 million people and 5 million acres of irrigated farm land agreed to a federal plan to keep water flowing amid a two-decade drought.

After building a client base among Arizona cities and taxing districts at Gust Rosenfeld, Zachary Sakas is looking for new opportunities at Sherman & Howard.

The pinch comes from shrinking enrollment, rising tuition, falling state support and new barriers to international students.

The fate of three coal-fired power plants located either in or near the Navajo Nation is murky as utilities seek cheaper, cleaner generation.